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May 7 2008 7:11PM EDT

Extra Credit, Wednesday Edition

Spreads and paradoxical liquidity: More from Steve Waldman.

Pain and inequality: "The average pain rating is twice as high for those in households with annual incomes below $30,000 as for those in households with incomes above $100,000."

Tropicana files for bankruptcy: Casinos hurting.

Take-Two's 'Grand Theft' has $500 million in sales: In one week.

A White-Collar Sentence of 330 Years

Word Problems for Future Hedge-Fund Managers

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